The world of trading cryptocurrency can be quite exciting However, it can be time-consuming and overwhelming to many investors. This is the point where Coinrule is able to help. Coinrule can be described as an automatic trading tool that helps traders adhere to their cryptocurrency strategy without the need to constantly keep track of the market. It is easy to use, even for those with no programming expertise, and comes with a variety of options to boost you trading experience to next step.
Coinrule was established in the year 2017 London by a group of cryptocurrency and blockchain enthusiasts. The company’s mission is at making trading cryptocurrencies easier by offering an automated platform for trading that can integrate safely with various exchanges. In December 2020, Coinrule raised over PS500,000 ($700,000) through Seedrs, greater than 200% over the amount it had set for.
One of the most important aspects of Coinrule is the easy to use automated trading. The cryptocurrency markets can be very volatile and it can be difficult for traders to keep track of the constantly changing charts. Coinrule allows traders to create trading rules, and then monitors the market and makes trades that match their strategy. This means that traders can put their cryptocurrency trading on autopilot and not have to spend hours poring over charts.
Coinrule also offers integrated trading strategies that investors can pick from. There are more than 150 rules to choose from which makes it simple for both novice and experienced traders to choose a strategy that works for them. In addition, traders can stop rules at any point, and receive daily emails that contain trading signals that can help them adjust their strategy to the market.
Another excellent characteristic of Coinrule is its backtesting opportunities. Investors can test their trading rules by using historical market data in TradingView. They can choose the cryptocurrency they intend to trade and the time frame they want to use, and the trading strategy and see how many trades were opened and closed in addition to the net profit, percentage of profit as well as the maximum drawdown and profit factor. This can be an effective tool for increasing a trader’s confidence in the trading rules they create.
Coinrule also supports multiple trustworthy exchanges, such as Binance, Coinbase, OKLEX, HitBTC, Bitstamp, Bitpanda, Kraken, Poloniex and BitMEX. So, traders are able to integrate Coinrule seamlessly with these platforms.
Coinrule provides four pricing levels including Starter, Hobbyist Trader, and Pro, with different options for traders of all levels. Prices range from $0 through $499.99 per month. traders are able to pay either monthly or annually. Annual plans provide discounts up to 25 percent.
In the end, Coinrule offers a user-friendly and easy-to-use experience that can elevate your trading in cryptocurrency to the highest level. With features like automated trading, built-in strategies for trading, backtesting opportunities, and support for multiple trustworthy exchanges, Coinrule can be a powerful instrument that can aid you in making the most of any trading plan.